Earlier this week, Prosper announced that Aaron Vermut, formerly President, will be taking over as the new CEO of Prosper. Ron Suber, formerly Global Head of Institutional Sales, will take on the role of President and former CEO, while Stephan Vermut will continue in an active role as Executive Chairman. Prosper is simply shuffling their top tier executives who were already incredibly active with the company on the forefront.
Don Davis, managing partner of Prime Meridian, is very positive about these executive changes. “In my opinion, these shifts reinforce the growth potential of Prosper and simply place the right people with the right titles. These executives have made Prosper what it is today and I look forward to them continuing Prosper’s fantastic growth.”
Read full press release at Buisness Wire.